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How to Cash Out Your 401(k)

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  • Browning, E.S. "Retiring Boomers Find 401(k) Plans Fall Short." The Wall Street Journal. Feb. 19, 2011. (May 16, 2011)http://online.wsj.com/article/SB10001424052748703959604576152792748707356.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsTop
  • CNN. "401(k)s: Top Things to Know." (May 16, 2011)http://money.cnn.com/magazines/moneymag/money101/lesson23/index.htm
  • Rooney, Ben. "Unemployed tap their 401(k)s." CNN Money. Oct. 28, 2009. (May 24, 2011)http://money.cnn.com/2009/10/28/pf/hewitt_401k/index.htm
  • U.S. Department of Justice. "Employee Retirement Income Security Act of 1974 (ERISA) -28 U.S.C. 1001." (May 16, 2011)http://www.justice.gov/usao/eousa/foia_reading_room/usam/title9/135mcrm.htm
  • U.S. Department of Labor. "Retirement Plans, Benefits & Savings: Types of Retirement Plans." (May 16, 2011)http://www.dol.gov/dol/topic/retirement/typesofplans.htm
  • U.S. Internal Revenue Service. "401(k) Resource Guide - Plan Participants - General Distribution Rules." May 5, 2011. (May 16, 2011)http://www.irs.gov/retirement/participant/article/0,,id=151787,00.html
  • U.S. Internal Revenue Service. "Publication 590 (2010), Individual Retirement Arrangements (IRAs)." (May 16, 2011).http://www.irs.gov/publications/p590/index.html
  • U.S. Internal Revenue Service. "Retirement Plans FAQs regarding Hardship Distributions." Nov. 17, 2010. (May 16, 2011) http://www.irs.gov/retirement/article/0,,id=162416,00.html

Finance Planning Tips

Here are some tips to help you with generating income and planning for the future.

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